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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock? -- Ignore unavailable to you. Want to Upgrade?


To: Sprintcar who wrote (1138)4/16/1999 12:45:00 PM
From: FFNEODOC  Respond to of 1593
 
Sprint me too, but unfortunately we live in the age of
"instant gratification" & most of the activity in this stock is still governed by people who thrive on the volatility as an opportunity to make a quick profit. This is the era of "trading", & it's not just confined to OTCBB stocks anymore. (Look at the curve for NDB in the last week if you want to see what I'm talking about.) To survive (& profit..Isn't that what it's all about?) in this kind of market, "investors" sometimes have to become "traders", & I certainly would qualify myself as a hybrid of the 2. The big distinction here is that "traders" tend to move from stock to stock (& don't look back), whereas "investors" tend to stick it out with the companies they believe in (hopefully, after a hefty dose of DD).
Just my opinion for whatever it's worth.
Frank